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503 Merrill Ave

Beloit, WI 53511

4 bd 2 ba 1,557 sqft Built 1922 Lot 3,833 sqft multi_family
Most recent sale
$85,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 16, 2022 Listed for rent $895 RentecDirect
Jul 1, 2022 Sold $85,000 MLS #1932211
Jun 26, 2022 Listed for rent $895 RentecDirect
Jun 9, 2022 Price changed $90,000 MLS #1932211
May 31, 2022 Price changed $97,000 MLS #1932211
May 22, 2022 Price changed $104,900 MLS #1932211
Apr 20, 2022 Listed $105,000 MLS #1932211
Nov 1, 2013 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $98,100 $7,400 $105,500 $1,573
2023 $71,100 $7,400 $78,500 $1,092
2022 $71,100 $7,400 $78,500 $1,336
2021 $34,200 $5,600 $39,800 $1,229
2020 $34,200 $5,600 $39,800 $1,116
2019 $34,200 $5,600 $39,800 $1,068
2018 $34,200 $5,600 $39,800 $1,073
2017 $34,200 $5,600 $39,800 $1,074
2016 $34,200 $5,600 $39,800 $1,010
2015 $34,200 $5,600 $39,800 $1,071
2014 $34,200 $5,600 $39,800 $1,032
2013 $49,700 $5,600 $55,300 $1,431
2012 $49,700 $5,600 $55,300 $1,435
2011 $49,700 $5,600 $55,300 $1,416
2010 $49,700 $5,600 $55,300 $1,411
2009 $62,100 $5,600 $67,700 $1,549
2008 $66,100 $5,600 $71,700 $1,509
2007 $66,100 $5,600 $71,700 $1,617
2006 $63,100 $4,400 $67,500 $1,590

Property facts

Year built
1922
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,557 sqft
Lot size
3,833 sqft
ZIP code
53511
City
Beloit
Street
Merrill Ave
Coordinates
42.50933, -89.04456

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 Merrill Ave last sell?
503 Merrill Ave most recently sold on Jul 1, 2022 for $85,000.
What is the current tax assessment for 503 Merrill Ave?
The most recent total assessment for 503 Merrill Ave (year 2025) is $105,500 with $1,573 in property tax.
How does 503 Merrill Ave's assessment compare to its last sale price?
The current assessment is 24.1% above the last sale price of $85,000.
When was 503 Merrill Ave built?
503 Merrill Ave was built in 1922.
How does 503 Merrill Ave compare to others on Merrill Ave?
We track 8 other properties on Merrill Ave. Browse the list under "Other properties on Merrill Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Merrill Ave?
503 Merrill Ave is a 4 bed, 2 bath, 1,557 sqft, 3,833 sqft lot multi_family.
Is 503 Merrill Ave a flip candidate?
No — 503 Merrill Ave does not appear in our flips dataset.
Is 503 Merrill Ave a tax-appeal candidate?
No — 503 Merrill Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$231.6K
2026 Q4
$235.4K
ZIP 53511 — Median Price History + Forecast

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